Security Tips for Merchants Doing Business Online

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A merchant must have a robust online transaction system. The system must be secure to prevent stealing of your sensitive data as well as your customers’. Here are some tips for building a more secure system.

Security tips for merchants doing business online

Don’t install software or hardware arbitrarily

You must not install a software and hardware without giving a thought about security of your online transaction system. If you are adding a new program or hardware, you must configure your payment processing application for security. You must not compromise on the security at any cost. You must also consult the vendor and the security staff of the payment processing application prior to the installation of any program.

Change password frequently

The default password of your computer, payment processing application or any other program you are using, with the application, must be changed compulsorily after first installation. Thereafter the passwords must be changed frequently. You must also keep number of things in mind while setting up the password. It must be a combination of alpha numeric and special characters. You must avoid obvious codes. Name and phone number do not make a good password.

Have updated version of operating system and software

Your computer must have updated versions of operating system. Makers of operating system release patch up programs from time to time to meet the security and other needs. The firewall and anti-virus should be constantly updated. You must also seek updates and added security features form the company which payment processing system you are using. This helps in keeping hackers and spywares at bay.

Protect customers’ information

As a merchant you must follow fair trade practices. In no situation your customers should be inconvenienced. You must provide best experience to them. Your website must be data encrypted with high level of security. The site must also certified by the right authority. Make sure the financial data of customers are stored in a secure server. Protection of such data helps in earning trust of your customers. Besides, you will be saving yourself from any kind of criminal proceedings. To being sure regarding security manner you must hire a reputed online payment processing agency in Montreal.

Comply with all government rules and regulations

A merchant must comply with all the government rules where the business is based. An online merchant must also be aware of international trade laws and abide by them. All the regulations for online transaction must be followed.

Access to sensitive information

Apart from financial data an online payment processing system also captures other sensitive data. You must not make these data public. Even if you have to make any sort of data accessible, you must ensure that you do not violate any rule while doing so. The system must be secure enough that no information is leaked. The safest thing to do is not to share customers’ information with any third party unless there is any legal obligation.

The online merchant services [http://www.axxesspayments.com/merchant-account.htm] you want to hire in Montreal must have a good track record in providing high standard of solution.
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